Hedge funds dump 31,400 BTC in Q1 while banks quietly double their Bitcoin ETF positions

Bitcoin clawed its way back from a sharp weekend sell-off after bears briefly dragged the price to $59,100, triggering a volatile 24-hour swing before buyers reclaimed ground and lifted the asset above $61,600. As of 8 a.m. EDT on June 6, 2026, over the last hour, bitcoin is changing hands between $60,800 to $61,000 on […]

The Bitcoin price briefly fell below the $60,000 level for the first time since 2024, succumbing to intense bearish pressure that ravaged global financial markets on Friday, June 5th. While the imminent initial public offering of SpaceX in the United States has been identified as one of the catalysts behind the downturn, the US equities […]

Bitcoin's recent lack of correlation with stocks signals a potential shift in digital asset investment strategies. The post Jordi Visser: Bitcoin remains in a bear market, the 200-week moving average is critical for long-term viability, and market rotation is expected in the coming months | The Pomp Podcast appeared first on Crypto Briefing.

Bitcoin’s $60K sweep erased $1.6B–$3.0B in leveraged bets and pushed futures OI down 8.5% to $111.4B. Funding, basis, and liquidity maps hint at what’s next.

Online speculation has tied Bitcoin’s latest drop to retail demand for SpaceX’s record IPO, but crypto flow data has not shown clear evidence of a mass cash exit. CryptoQuant data reviewed in the report showed no unusual withdrawals of USDC…

U.S. spot Bitcoin ETFs returned to net outflows on Friday after briefly snapping a record withdrawal streak, with BlackRock’s IBIT leading the declines as Bitcoin fell below the key $60,000 support level and investor sentiment deteriorated. According to data from…

The Bitcoin price recovery back in May 2026 triggered a renewed wave of bullish optimism. But despite the rising prices, there are some who did not give in to the bullish wave, picking a more conservative stance on the cryptocurrency. With the new month, those who refused to flip bullish look to have come out on top as the Bitcoin price has reversed. However, some analysts are predicting that this might only be the start of the decline. Bitcoin Price Could Be Getting Ready To Fall To New Cycle Lows According to crypto analyst Xanrox, the Bitcoin price crash was expected, given that the cryptocurrency has entered one of the most brutal bear markets in recent history. One very bearish development is the fact that the Bitcoin price has now fallen below two major channels. Related Reading: The Last Time Ethereum Did This Against Bitcoin, It Exploded Above $4,000 These channels include a descending channel, which was broken with the fall below $71,000. Then, the other broken channel is an a

MicroStrategy's strategic debt structure provides a buffer against forced liquidation, but ongoing Bitcoin price volatility could test its resilience. The post Michael Saylor addresses and shuts down margin call rumors on MicroStrategy’s Bitcoin holdings appeared first on Crypto Briefing.